$15 an hour to flip burgers is crazy (financial, propaganda, income)
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McDonalds needs more workers. The New Quarter pounder policy is doing well enough that the company needs to hire more people to actually "cook" the food.
Arguments against living wages are essentially arguments for government subsidies to employers. Instead of employers paying their employees a livable wage, the government steps in and pays the difference. You pay higher taxes instead of paying the true value of goods and services. This distorts the market.
^This. Also, companies like WalMart that do this end up paying less from benefits and healthcare than they would have had they paid fairer. Instead, more of the paying for that goes to....the taxpayers.
Of course, cracking down on H1Bs, H2Bs, illegals, etc is a MUST too. And staffing and temp agencies need more oversight (not federal, but certainly state and local).
Using robots to replace humans will continue to increase the colossal gap between the Haves and the Have Nots. At some point a threshold will be reached and we'll be faced with an insurmountable dilemma.
Profiteers in manufacturing replacing humans will most inevitably garner greater profits and increase their wealth. Meanwhile, displaced and unemployed laborers will walk the road of poverty.
I think now is time to completely restructure both our economy and our educational system. Let's prepare our youth for the future!
I've heard THAT a lot, though they are not doing it the way that you think they are.
You don't need a house that expensive to live in...depends on the market sure, but if you make 15/hr then your going to have to be content with a smaller place .
Put things in perspective.....
I bought my first house in 1998 for 117k.
My mortgage was less than 700 per month with taxes included.
I made 12.50/hr at the time.
Yeah. put that into context. You made about 2.5X minimum wage at the time. So lets see....
Now lets compare then and now. You made roughly 2.5X the minimum wage at the time ($5.25/hr or about 10.5K/yr). That would be....about $18/hr today in comparison. And a 77% of median house would be....154K.
So do you believe anyone making 18/hr (36K/yr roughly) is going to be able to buy a home worth 154K TODAY? I bought a house at 198K, and I pay $1,550 a month roughly with taxes, etc. So I paid close to the median price except I did it at the real estate drop and my home has more then doubled in price since. But hey 198k is close to 200K (the current median). 77% of that would be.....$1,200 roughly.
So you paid 700 month-or about 56 hours of income gross. And they would be paying 67 hours of their gross income. For the same house-77% of the median.
That matters. That matters a LOT. Its the difference between being able to make bills....and not.
And here is robo burger flipper 2.0. zero pay,no health care, no overtime pay, no breaks, no sick days,
doesn't steal, works 24hrs with complaining, and he is tax deductible 24hr burger joint that's 3 humans kicked to the curbMAGAKAGA
Add cannot sue frivolously.
No spitting into food. (Attn, law enforcement)
And here is robo burger flipper 2.0. zero pay,no health care, no overtime pay, no breaks, no sick days,
doesn't steal, works 24hrs with complaining, and he is tax deductible 24hr burger joint that's 3 humans kicked to the curbMAGAKAGA
Add cannot sue frivolously.
No spitting into food. (Attn, law enforcement)
Things to consider(hypothetical figures):
Each robot's initial purchase price is more than 2 full-time burgar flippers' yearly wages. A robot requires a technician to install, maintain and upgrade and each robot needs daily cleaning. Technicians make double the salary of workers which the robot replaced.
There's a company that makes the robots, and another company that designs the software, plus an outside company that sells the robots. These 3 companies employ 4500 people with average salaries 4x that of a McDonald's burger flipper. The robot itself has an expected lifespan of 6 years before a new robot will be needed.
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KAGA
